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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Kremlin SWF seeks China fund for Moscow Exchange’s IPO

Posted on 14 February 2013

The Kremlin’s sovereign wealth fund is seeking to bring China’s $480 billion counterpart into the Moscow Exchange’s initial public offering as an anchor investor, three people with knowledge of the matter said.
Chengdong Investment Corp., a unit of CIC International Co., may get as much as 25 percent of the shares being offered in the IPO, which the Moscow Exchange plans to complete tomorrow, said the people, who asked not to be identified because the information isn’t public………………………………………..Full Article: Source


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